1·Panasonic believes that the huge chunk of unconverted preferred shares means that Sanyo is overvalued.
松下相信数量巨大的不可交易的优先股意味着三洋定价过高。
2·If their value rises a lot faster than GDP, that either suggests investors expect the GDP growth rate to rise substantially (unlikely in a mature economy), or that the assets are overvalued.
如果它们升值的速度比GD P快很多,或者意味着投资人预期GDP增长率将显著提高(发生在成熟的经济体的可能性极低),或者意味着这些资产被定价过高。